Kisumu Teachers SACCO Development Loan
Kisumu Teachers SACCO
Last updated: April 16, 2026
★★★★★
0/5Based on 0 Reviews
Interest Rate
12% p.a.
Loan Amount
Ksh 30,000 - Ksh 6,000,000
Approval Time
24-72 hours
Processing Fee
KshNaN
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Pros & Cons
Pros
- Competitive 12% interest on reducing balance
- Up to 3x deposits development loan
- Tailored for tsc teachers in kisumu county and neighbouring sub-counties
- Kisumu HQ anchor branch
- Tenure up to 72 months
- Dholuo-language desk
- Sugar belt teacher partnership
- Lake-region focus
Cons
- Restricted to teachers common bond members
- Guarantors required from same SACCO
- Minimum 3 months deposits before first loan
- Processing can take up to 48 hours
- Kisumu teachers only
- Smaller KES 6m ceiling
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Product Details
Features
- TSC check-off for Kisumu County teachers
- Dholuo-language customer service desk
- Sugar belt partnership for Muhoroni teachers
- 3x deposits development loan
- Lake region fishing-community schools fees loan
- FOSA with Airtel Money paybill integration
- Retirement annuity plan
Eligibility Requirements
Age: 18 - 60 years
Employment: TSC teachers Kisumu County
Required Documents
- National ID
- Membership certificate
- Payslips (3 months) or trade proof
- Guarantor forms (2+ guarantors)
- KRA PIN certificate
Repayment Options
Salary check-offBank transferM-Pesa
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